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Speaker 1: So with me now is Rowena Duncan of the country.

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Speaker 1: He wrote, Hey, ever, now, what's brought these dairy greenhouse

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Speaker 1: gas emissions down?

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Speaker 2: Yeah, it's an interesting one. So we had the report

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Speaker 2: released this afternoon from the New Zealand Greenhouse Gas Inventory

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Speaker 2: showing that methane emissions from agriculture now three point seven

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Speaker 2: percent below twenty seventeen levels, and it's really down to

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Speaker 2: a drop in cow numbers. For dairy in particular, it's

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Speaker 2: down three point seven percent. On the plus side, though

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Speaker 2: average milk production per cow rows by one point eight percent,

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Speaker 2: but beef and land New Zealand have obviously been pretty

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Speaker 2: badly hit in the red meat sector and they're saying,

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Speaker 2: you know, this is going to continue to reduce in

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Speaker 2: the next few years due to land change. Cheer Kate

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Speaker 2: Ackland says the report should be a good news story

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Speaker 2: that are emissions are down, but actually when you look

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Speaker 2: into it further, the primary driver has obviously been the

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Speaker 2: conversion of productive sheep and beef farms into forestry for

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Speaker 2: carb and offsetting, and she says, like, wow, the industry

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Speaker 2: might be heading towards the current twenty thirty it's for

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Speaker 2: the wrong reasons. And the reductions are being achieved by

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Speaker 2: a reduction in stock numbers, and that's just allowing fossil

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Speaker 2: fuel limitters to continue emitting by kind of saying that

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Speaker 2: it's okay to offset your carbon emissions. So if you

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Speaker 2: look at some of the facts here, we're losing a

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Speaker 2: lot of heat. Dares to when whole sheep and bee

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Speaker 2: farms were sold for conversion into forestry, particularly for carbon farming.

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Speaker 2: And I'm going to be chatting to the Prime Minister

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Speaker 2: on the Country tomorrow and Jamie's absence and actually just saying,

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Speaker 2: you know, Todd McLay came out on the fourth of

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Speaker 2: December last year saying that was something the government were

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Speaker 2: going to look into. But when is this legislation going

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Speaker 2: to come into effect that prohibits wholesale conversions from farmland

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Speaker 2: into forestry because farmers are still getting pretty upset, yep.

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Speaker 1: And there's a fair amount of it's still going on.

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Speaker 1: We've got the global dairy trade auction since the tariff's

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Speaker 1: announcement is the first one.

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Speaker 2: What do we expecting, Yes, yeah, so the market's calling

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Speaker 2: for about a three percent increase and whole milk powder

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Speaker 2: maybe flat for skim milk powder and hopefully increase and

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Speaker 2: hydrous milk fat. We're at the back end of the season,

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Speaker 2: you know, there's very little New Zealand product available. People

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Speaker 2: are looking at starting to dry their cows off. Their

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Speaker 2: lactation curve is decreasing, so that should kind of support

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Speaker 2: the pricing. So if that plays out, good result and

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Speaker 2: it'll set us up nicely for the new season on

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Speaker 2: June first.

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Speaker 1: Brilliant stuff. Row thanks very much, look after your something,

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Speaker 1: good luck with it. Tomorrow it's Roe Duncan of the Country.

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Speaker 2: For more from Hither Duplessy Allen Drive.

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